NOT LISTED FOR SALE

391 S Jefferson St Coldwater, MI 49036

Estimated Value: $259,000 - $314,000

-- Bed
-- Bath
-- Sq Ft
0.58 Acres

Last Sold December 08, 2021

Last sale price $229,900

Est. 24% increase in value since last sale

Current estimated payment $2,018/month

70 Days on Market

About This Home

As of December 2021

4 unit property tucked away on over 1/2 an acre in Coldwater. 24x40 pole barn for storage. Walking distance to downtown. Maintained well and managed by a property manager for the last few years. Brand new deck, new plumbing, new electrical, and new furnace. Entire structure has been tuck pointed, and chimney work complete.

#1 - 1 bed, all utilities included including trash & wifi $1025
#2 -same as above $875
#3 - 1 bed, water, sewer, trash & wifi included $720
#4 - 2 bed, same as above $935

Rent includes $25 additional for use of laundry facility.

Last Listed By

Christie Plemmons

Christie Plemmons Realty License #6501314352 Listed on: 09/29/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 1875

Lot Details

  • 0.58

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 0.58 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,512

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Brick
  • List Price: 229900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.58
  • Lot Size Area: 0.58
  • Lot Size Sq Ft: 25265.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3512.48
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 4, 2021
Sold by
Brown Jonathan and Brown Kristen
Bought by
Motz Steven Michael and Motz Gamino Glenda
Seller's Agent
Christie Plemmons
Christie Plemmons Realty
Buyer's Agent
Christie Plemmons
Christie Plemmons Realty
List Price
$229,900
Sold Price
$229,900
Total Days on Market
70
Current Estimated Value
$286,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,223
Avg. Annual Appreciation
6.53%
Original Mortgage
$172,425
Outstanding Balance
$161,130
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$123,588

Purchase Details

Listed on
Feb 14, 2017
Closed on
May 26, 2017
Sold by
Galinis Peter
Bought by
Brown Jonathan and Brown Kristen
Seller's Agent
Diana Socci
Century 21 Drews Realty
Buyer's Agent
Christie Plemmons
Christie Plemmons Realty
List Price
$165,000
Sold Price
$142,500
Premium/Discount to List
-$22,500
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Sep 28, 2015
Sold by
Galinis Peter
Bought by
Harman Billy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 21, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Harman Billy Lee

Purchase Details

Closed on
Jan 5, 2012
Sold by
Oliver Timothy L and Oliver Sheri S
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 30, 2006
Sold by
Allen Daryl E and Allen Maryjo
Bought by
Oliver Timothy and Oliver Sheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2000
Sold by
Allen Daryl E and Allen Maryjo
Bought by
Allen Daryl E and Maryjo -Trust

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Motz Steven Michael $229,900 None Available
Brown Jonathan $142,500 Branch Cnty Abstract & Title
Galinis Peter $85,000 Branch Cnty Abstract & Title
Harman Billy Lee -- Attorney
Galinis Peter $85,000 Attorney
Deutsche Bank National Trust Company $80,665 None Available
Oliver Timothy $115,000 Branch County Abstract & Tit
Allen Daryl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motz Steven Michael $172,425
Previous Owner Galinis Peter $1,000
Previous Owner Oliver Timothy $103,500
Previous Owner Allen Darly E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $229,900 0.0% --
09/29/2021 09/29/21 For Sale $229,900 +61.3% --
05/26/2017 05/26/17 Sold $142,500 -13.6% --
05/03/2017 05/03/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $165,000 +345.9% --
06/10/2013 06/10/13 Sold $37,000 -7.3% --
06/03/2013 06/03/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $39,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,054 $109,000 $0 $0
2023 $3,990 $96,250 $0 $0
2022 $5,054 $83,600 $0 $0
2021 $3,532 $77,200 $0 $0
2020 -- $64,700 $0 $0
2019 -- $62,700 $0 $0
2018 -- $54,650 $0 $0
2017 -- $53,650 $0 $0
2016 -- $55,450 $0 $0
2015 -- $54,700 $0 $0
2014 -- $57,350 $0 $0
2013 -- $46,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christie Plemmons

    Seller's Agent in 2021

    Christie Plemmons

    Christie Plemmons Realty

    (517) 398-0268

    278 Total Sales

    Christie Plemmons
    Section Image
  • Diana Socci

    Seller's Agent in 2017

    Diana Socci

    Century 21 Drews Realty

    (517) 617-4389

    15 Total Sales

    Section Image
  • Doug Bruick

    Seller Co-Listing Agent in 2017

    Doug Bruick

    Century 21 Drews Realty

    (517) 279-8900

    5 Total Sales

    Section Image

  • C

    Seller's Agent in 2013

    Cassie Roberts

    Prudential West Michigan

  • R

    Buyer's Agent in 2013

    Robert McNall

    Ford Realty

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21108314

Southwestern Michigan Association of REALTORS®

APN: 301-000-000-683-01

Michigan Branch County Coldwater 49036

391 S Jefferson St, Coldwater, MI

Homes for Sale in Coldwater, MI

This home is located at 391 S Jefferson St, Coldwater, MI 49036 since 29 September 2021 and is currently estimated at $286,123. This property was built in 1875. 391 S Jefferson St is a home located in Branch County with nearby schools including Coldwater High School, Pansophia Academy, and St. Charles Borromeo Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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